BTC broke above this ascending triangle and moved above this dotted resistance, this is bullish!
Moreover, we have a lovely 4h MACD cross on the positive, so we should expect at least a day or two of green . Question is if we can push above 55k, if that happens, then we're clear to re-test ATH level and push higher.
For now bias remains bullish and BTC is looking good considering we had a nasty 23% drop over early this week.
As long as we maintain price above 50k we're looking healthy!
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
Moreover, we have a lovely 4h MACD cross on the positive, so we should expect at least a day or two of green . Question is if we can push above 55k, if that happens, then we're clear to re-test ATH level and push higher.
For now bias remains bullish and BTC is looking good considering we had a nasty 23% drop over early this week.
As long as we maintain price above 50k we're looking healthy!
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
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